Eos Energy Enterprises (EOSE) Projected to Post Quarterly Earnings on Tuesday

Eos Energy Enterprises (NASDAQ:EOSE) is projected to announce its earnings results after the market closes on Tuesday, March 4th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $6.54 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Eos Energy Enterprises Price Performance

Shares of Eos Energy Enterprises stock opened at $4.37 on Friday. The firm has a market cap of $952.28 million, a price-to-earnings ratio of -1.81 and a beta of 2.10. The stock has a 50-day simple moving average of $5.19 and a 200-day simple moving average of $3.65. Eos Energy Enterprises has a 52-week low of $0.61 and a 52-week high of $6.64.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Roth Mkm downgraded Eos Energy Enterprises from a “buy” rating to a “neutral” rating and upped their price objective for the company from $4.00 to $5.00 in a report on Thursday, February 20th. Roth Capital cut Eos Energy Enterprises from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 20th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $4.10.

About Eos Energy Enterprises

Eos Energy Enterprises, Inc designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.